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Types of Pet Insurance Coverage. ... 2024 highlights, these are the average annual accident and illness pet insurance premiums: Cat. Accident and Illness: $383.30/year ($31.94/mo.) ...
According to the North American Pet Health Insurance Association (NAPHIA), here are the average annual premiums for pet insurance in the United States: Dogs Comprehensive Plan: $675.61 ($56.30/month)
Average pet insurance costs range from $17 to $101 for dogs and $10 to $62 for cats. Monthly pet insurance premiums depend on factors like your pet’s age, breed, coverage type and location.
A 2023 North American Pet Health Insurance Association (NAPHIA) state of the industry report showed that more than 5.5 million pets are insured in the U.S. with $3.9 billion in total premium volume.
Pet insurance is a form of property insurance rather than health insurance. [ citation needed ] Insurance companies may limit coverage for pre-existing conditions , giving owners an incentive to insure even very young animals, which are not expected to incur high veterinary costs. [ 7 ]
While individual costs will vary based on your pet’s breed, age, health and the tier you opt for, across 11 of the top pet insurers, the average monthly cost for dog insurance is $42.45, while ...
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